Citigroup Stock News

Citi announced changes to its leadership team and structure as it works to continue increasing its shareholder returns. Mark Mason will transition out of the role of chief financial officer in March 2026, according to a Thursday (Nov. 20) press release.

The current finance chief, Mark Mason, is expected to look for a CEO role elsewhere.

The current finance chief, Mark Mason, is expected to look for a CEO role elsewhere.

Mason, who has been the company's CFO since 2019, will become executive vice chair and senior executive advisor to chair and CEO Jane Fraser.

Citi is reorganizing its U.S. personal banking business, including making its consumer cards business a standalone unit.

A planned $20 billion bailout to Argentina from JPMorgan Chase , Bank of America and Citigroup has been shelved as bankers pivot instead to a smaller, short-term loan package, the Wall Street Journal reported on Thursday, citing sources.

Bankers are instead discussing a smaller, short-term facility to help Argentina make a roughly $4 billion debt payment in January

NEW YORK--(BUSINESS WIRE)--Citi announced today that it will begin the process of transitioning the role of Chief Financial Officer from Mark Mason to Gonzalo Luchetti. Mason will remain CFO until early March 2026. He will then become Executive Vice Chair of Citi and Senior Executive Advisor to Chair and CEO Jane Fraser, with responsibility for advising on strategic initiatives, including prepa...